RELATED PARTY TRANSACTIONS

12 Months Ended

Dec. 31, 2022

RELATED PARTY TRANSACTIONS

RELATED PARTY TRANSACTIONS

NOTE 11. RELATED PARTY TRANSACTIONS

In the ordinary course of business, the Company has and expects to continue to have transactions, including borrowings, with its officers and directors. In the opinion of management, such transactions were on substantially the same terms, including collateral, as those prevailing at the time of comparable transactions with other persons and did not involve more than normal risk of collectability or present any other unfavorable features to the Company. Loans to such borrowers at December 31, 2022 and 2021 are summarized as follows:

	December 31,
(Dollars in thousands)	2022		2021
Balance at beginning of year	$	2,529	$	1,846
Changes in related party status		252		(80)
Originations		307		954
Repayments		(357)		(191)
Balance at end of year	$	2,731	$	2,529

Deposits from directors and officers totaled $6.1 million and $2.3 million at December 31, 2022 and 2021, respectively.